BPCL - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

🛢️ Intraday Trade Analysis – BPCL (Bharat Petroleum Corporation Ltd)

IntraDay Trade Rating: 4.2

BPCL is shaping up as a strong intraday candidate for today’s session. Healthy fundamentals, a bullish MACD crossover, and robust volume activity suggest traders could capitalize on momentum if executed with precision.

📊 Technical Landscape

Current Price (₹335): Trading above both 50-DMA (₹329) and 200-DMA (₹306) — confirms near-term uptrend.

MACD (+2.37): Bullish with upward trajectory — signals continuing positive momentum.

RSI (48.0): Neutral zone — not overheated, leaves room for upside.

Volume (83L+) vs Avg 1Wk (53L): Significant spike — reflects increasing trader interest.

🧾 Fundamental Snapshot

P/E (10.7) well below Industry PE (21.6) — potentially undervalued.

EPS (₹30.7) supports earnings strength.

ROCE (16.2%) / ROE (17.3%): Solid efficiency metrics.

Dividend Yield (2.99%) adds a cushion to downside.

FII Holding ↑ 0.87%, DII mildly down — mildly favorable institutional stance.

Quarter Profit Decline (-8.12%) worth watching, but not a deal-breaker for intraday.

🎯 Intraday Trade Setup

✅ New Position Entry

Buy Zone: ₹332 – ₹336 (on minor dip or consolidation — ideally near VWAP zone)

Profit Target: ₹342 – ₹346 (resistance near recent swing highs)

Stop Loss: ₹328 (below intraday support and psychological cushion)

⏳ If Already Holding Today

Exit if

Price fails to break ₹340–₹342 zone by 2:00 PM IST, even as volume remains elevated.

RSI stalls near 50 and MACD flattens — signals loss of momentum.

Volume drops below 65L post-lunch — suggests trader fatigue.

🕒 Recommended Exit Window: 2:15–2:45 PM IST, especially if breakout stalls at ₹342–₹344 zone.

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